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Commerce and Economy

Sunrise Bank expands branch in Pokhara

By Our Reporter Sunrise Bank Ltd has launched its 103rd branch in Bagar, Pokhara Metropolis, Kaski District. The new branch office was inaugurated by Pokhara Province Minister for Industry, Tourism, Forest and Environment Bikash Lamshal amidst a function. Bank’s board directors engineer Bachharaj Tated and engineer Shailendra Guragain, Bank’s CEO …

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Sunrise and Garima banks ink partnership agreement

By Our Reporter Sunrise Bank Ltd and Garima Development Bank Ltd have inked business sharing partnership agreement amidst a function. Under this agreement, clients of the Garima Bank can enjoy national and international level banking services related to foreign exchange such as LC, TT, Dyap/ DAA, credit card from all …

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Khalti introduces Smart Chhori Program

By Our Reporter Khalti, a digital payment platform in Nepal has announced the launch of a special ‘Smart Chhori’ program. The program is aimed at empowering girls and young women in Nepal through financial knowledge and skills. As part of this initiative, 10,000 adolescent girls and women from across the …

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NMB Bank becomes the first bank to secure debt investment

By Our Reporter NMB Bank becomes the first bank in Nepal to secure USD 15 million debt investment from CDC Group. CDC Group plc is the UK’s development finance institution. Owned by the UK government, it invests in sub-Saharan Africa and South Asia with the aim of supporting economic development …

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Mega Bank clients to get special discount from Blue Cross Hospital

By Our Reporter Blue Cross Hospital located in Thapathali is to provide special discount upto 20 percent to the Mega Bank clients. Bank’s CEO Anupama Khunjeli and Hospital’s board director Rajat Shrestha inked an agreement for providing special discount to the Bank clients. Considering good health of its clients, the …

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Qatar Airways scheme

By Our Reporter Qatar Airways has launched Premium Companion Offer with discounts in ticket booking for two or more passengers in business class and first class, and double qmiles and qpoints. Passengers can enjoy the offer on Qatar Airways flights booked from February 11 to 18, 2019 for travel until …

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Huawei row goes beyond open conflict

BY HARMUT MARHOLD The West, in particular, the US and Europe, regard Huawei as a threat. Why? To which extent? Do they fully share the same stance against the Chinese communication technology giant? The conflict should be interpreted at three different levels, from surface to fundamentals, where US and European …

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Export incentives in Nepal: Lessons from Australia

BY DR. SUMAN KUMAR REGMI The export incentive is a vast subject covering as it has virtually limitless possibilities in the realms of financial and other assistance given to exporters. One way of gaining insight into some of the consequences of export incentives is to study some of the schemes …

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CNI to organize Nepal Entrepreneurship Summit

By Our Reporter Confederation of Nepalese Industries (CNI), in collaboration with the Ministry of Finance and Ministry of Commerce, Industry and Supplies along with Bishal Media Group is organizing Nepal Entrepreneurship Summit 2019 from 14th February. The summit is going to be hosted with the theme of “Federal Nepal: Opportunities …

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